Select Water Solutions (NYSE: WTTR) shares made only marginal gains Wednesday, as the company purporting to be leading provider of sustainable water management and chemical solutions, proudly announces the publication of its 2023 Sustainability Report. This report underscores Select's unwavering commitment to environmental stewardship, operational excellence, and innovative practices that drive sustainable growth in the energy sector.
Said CEO John Schmitz, "Each year we have the opportunity to reflect back on our achievements as they relate to sustainability and environmental performance, and in 2023, we were proud to have made substantial progress toward our goals. Both our produced water recycling and safety performance targets associated with our sustainability-linked credit facility were once again meaningfully exceeded in 2023.
“We've honed our focus as a water and chemistry technology innovator and continued to expand our footprint with additional fixed recycling facilities, underwritten by long-term customer contracts. By investing in and developing these strategic infrastructure assets, Select is not only expanding its operational capacity but also reinforcing its commitment to a sustainability strategy. Our advanced chemical solutions contribute to optimizing our recycling process, verifying consistent water quality and enhancing the operational efficiency of oil and gas production.”
The report highlights the Company's dedication to environmental stewardship and its efforts to foster sustainable development within the communities where it operates.
WTTR added five cents to $10.25.
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